Central Bank Digital Currency Archives

Japan’s digital yen to prioritize simplicity and interoperability

Business

Steve Kaaru

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21 October, 2021

Japan’s digital yen to prioritize simplicity and interoperability

Japan’s central bank will uphold simplicity in its design of a CBDC, with a senior official saying this is key...

Bank of England chief: Digital currency regulation a ‘matter of urgency’

Business

Ed Drake

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19 October, 2021

Bank of England chief: Digital currency regulation a ‘matter of urgency’

The Deputy Governor said the risks posed by stablecoins as well as decentralized and derivatives trading on unbacked assets, were...

Visa announces interoperability platform for CBDCs and stablecoins

Business

Ed Drake

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11 October, 2021

Visa announces interoperability platform for CBDCs and stablecoins

The platform would enable CBDCs to be transferred from one blockchain to another, and would also allow stablecoins to operate...

New Zealand central bank opens public consultation over CBDC proposals

Business

Ed Drake

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11 October, 2021

New Zealand central bank opens public consultation over CBDC proposals

Assistant Governor Christian Hawkesby said the trends in cash mentioned in the papers could pave the way for innovation in...

Tajikistan CBDC news is false, central bank confirms

Business

David Abel

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10 October, 2021

Tajikistan CBDC news is false, central bank confirms

The Fantom Foundation claims to roll out the product nationally under the sandbox regulation of the National Bank of Tajikistan,...

Business

Steve Kaaru

-

8 October, 2021

Hong Kong releases its CBDC whitepaper

The Hong Kong Monetary Authority has released a whitepaper for the e-HKD, outlining the technical aspects of the central bank...

Nigeria central bank wins court battle over ‘eNaira’ trademark infringement claims

Business

Steve Kaaru

-

6 October, 2021

Nigeria central bank wins court battle over ‘eNaira’ trademark infringement claims

A fintech firm went to court to sue the Central Bank of Nigeria for trademark infringement over use of eNaira,...

BIS: CBDCs can slash the cost of cross-border remittances by 50%

Business

Steve Kaaru

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4 October, 2021

BIS: CBDCs can slash the cost of cross-border remittances by 50%

The BIS published the findings on a multi-CBDC project between central banks in Hong Kong, Thailand, China, and the UAE,...

Digital euro project adds Italian payments provider Nexi

Business

David Abel

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2 October, 2021

Digital euro project adds Italian payments provider Nexi

Nexi is one of the biggest payments companies in Europe, the company offers payments services for other banks while also...

Editorial

Jerry Chan

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1 October, 2021

BSV as a CBDC platform

When at first the market discovered cryptocurrencies, people took to inventing new blockchains with new tokens to raise money and...

nChain’s ‘electronic cashback via retail CBDC’ paper proposes new monetary policy tool

Tech

Steve Kaaru

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29 September, 2021

nChain’s ‘electronic cashback via retail CBDC’ paper proposes new monetary policy tool

A recent paper by nChain suggests a new monetary policy tool that uses sector-specific cashback payments on private consumption expenditure...

Nigeria CBDC website goes live as October launch draws near

Business

Steve Kaaru

-

29 September, 2021

Nigeria CBDC website goes live as October launch draws near

The website for the eNaira has launched, introducing the public to the CBDC and touting its benefits, as the official...

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